The EUR/USD outlook remained positive as it probed the 1.12 handle, with the dollar continuing to fall for the sixth consecutive day against a basket of foreign currencies. The Dollar Index, meanwhile, was testing 100.00. Investors grew further convinced that July will mark the end of the rate-hiking cycle by the Fed, after the latest inflation data pointed to weakening price pressures. More on the inflation data below, but first let’s quickly take a look at the EUR/USD’s chart… {chart} The explosive breakout we have seen over the past couple of days suggests the EUR/USD bulls will likely remain in control of price ... (full story)